About Sunwealth
Sunwealth is a company based in Somerville (United States) founded in 2015 by Jon Abe. Sunwealth has raised $12 million across 4 funding rounds from investors including Reinvestment Fund and Calvert Impact. The company has 34 employees as of December 31, 2022. Sunwealth offers products and services including Solar Financing and Community Solar Program. Sunwealth operates in a competitive market with competitors including Clean Capital, Mosaic, Kafene, Clean Power Finance and Dividend Finance, among others.
- Headquarter Somerville, United States
- Employees 34 as on 31 Dec, 2022
- Founders Jon Abe
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Sectors
Financial ServicesTechnology Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sunwealth Power, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$12 M (USD)
in 4 rounds
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Latest Funding Round
$2 M (USD), Series A
Jan 14, 2025
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Investors
Reinvestment Fund
& 1 more
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Employee Count
34
as on Dec 31, 2022
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Products & Services of Sunwealth
Sunwealth offers a comprehensive portfolio of products and services, including Solar Financing and Community Solar Program.
Provides funding for solar project development and operations.
Offers solar solutions for community organizations and businesses.
Funding Insights of Sunwealth
Sunwealth has successfully raised a total of $12M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Sunwealth
Sunwealth has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Reinvestment Fund and Calvert Impact.
| Investor | Description | Founded Year | Domain | Location |
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Private equity fund investing in multiple sectors
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Locked | Locked | Locked | |
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Government-backed investments are directed toward social welfare initiatives.
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Locked | Locked | Locked |
Investor details for Sunwealth
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sunwealth
Investment portfolio details for Sunwealth
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Sunwealth
Detailed financials for Sunwealth
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Sunwealth Comparisons
Peer comparison for Sunwealth
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Sunwealth
Sunwealth operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clean Capital, Mosaic, Kafene, Clean Power Finance and Dividend Finance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online platform for funding solar projects
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| Locked | Locked | Locked |
Residential solar financing is provided to homeowners for rooftop installations.
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| Locked | Locked | Locked |
Point-of-sale financing is facilitated via an online lease-to-own platform.
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| Locked | Locked | Locked |
B2B platform for residential solar financing and software
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| Locked | Locked | Locked |
Online marketplace for green financing
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Detailed competitors of Sunwealth
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Sunwealth
Complete news archive for Sunwealth
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Sunwealth
Sunwealth was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Sunwealth is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
Jon Abe is the current CEO of Sunwealth. They have also founded this company.
Sunwealth is a funded company, having raised a total of $12M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Sunwealth is 34.
Sunwealth was founded in 2015 in Somerville, United States, and operates within the clean energy sector. Commercial solar projects are selected and presented on the platform for investment opportunities. Accredited and institutional investors are enabled to participate through direct purchases of bond and tax equity products. Crowdfunding mechanisms are utilized to facilitate these investments in renewable energy initiatives.
Sunwealth's top competitors include Clean Capital, Mosaic and Clean Power Finance.
Sunwealth offers Solar Financing and Community Solar Program.
Sunwealth has 2 investors. Key investors include Reinvestment Fund, and Calvert Impact.